Ridgepost Capital (NYSE:RPC) Shares Gap Down – Should You Sell?

Ridgepost Capital, Inc (NYSE:RPC) gapped down before the market opened on Monday . The stock had previously closed at $7.57, but opened at $7.22. Ridgepost Capital shares last traded at $7.5250, with a volume of 116,314 shares.

Analyst Upgrades and Downgrades

Several research analysts recently commented on RPC shares. Weiss Ratings started coverage on shares of Ridgepost Capital in a report on Thursday, February 12th. They issued a “hold (c)” rating on the stock. Barclays lowered their price target on Ridgepost Capital from $12.00 to $11.00 and set an “overweight” rating on the stock in a research report on Monday, March 2nd. Finally, Zacks Research upgraded Ridgepost Capital from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Ridgepost Capital has an average rating of “Buy” and a consensus target price of $11.00.

Ridgepost Capital Stock Performance

The company has a debt-to-equity ratio of 0.93, a current ratio of 2.27 and a quick ratio of 2.27. The stock has a market capitalization of $793.40 million, a price-to-earnings ratio of 39.93 and a beta of 0.84.

Ridgepost Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, February 27th were paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Friday, February 27th. Ridgepost Capital’s dividend payout ratio is currently 83.33%.

Insider Buying and Selling

In other Ridgepost Capital news, insider Charles K. Huebner Trust bought 20,000 shares of Ridgepost Capital stock in a transaction dated Thursday, February 19th. The shares were acquired at an average cost of $8.68 per share, with a total value of $173,600.00. Following the acquisition, the insider directly owned 176,054 shares of the company’s stock, valued at $1,528,148.72. The trade was a 12.82% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Robert B. Stewart, Jr. acquired 10,000 shares of Ridgepost Capital stock in a transaction on Thursday, February 19th. The stock was acquired at an average cost of $8.65 per share, for a total transaction of $86,500.00. Following the purchase, the director owned 144,525 shares of the company’s stock, valued at approximately $1,250,141.25. This represents a 7.43% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 47,500 shares of company stock valued at $392,825 in the last quarter. 11.54% of the stock is currently owned by corporate insiders.

About Ridgepost Capital

P10 (NYSE: RPC) is an oilfield services company that provides specialized equipment and field services to upstream oil and gas operators. The company focuses on supplying non‑exclusive, rental and production support products and technical services that help customers complete, produce and maintain wells. Its offerings are designed to support a range of onshore operations, with emphasis on scalable, modular solutions that can be deployed across multiple basins.

Products and services typically include surface and downhole rental tools, completion and production accessories, well intervention and maintenance services, and related operational support.